RENTED FEB 1, 2025

8418 Observatory St Unit B Houston, TX 77088

Acres Homes Neighborhood

Estimated Value: $154,000 - $482,000

3 Beds
2.5 Baths
1,387 Sq Ft
$273/Sq Ft Est. Value

About This Home

As of February 2025

Great opportunity for STR/AIRBNB. The refrigerator, washer, and dryer are ALL INCLUDED!
Stylish Brand-New Duplex Minutes from Downtown Houston! Step into modern living with this stunning duplex, perfect for homeowners and investors alike. Each unit boasts 3 spacious bedrooms, 2.5 designer baths, and an open-concept kitchen with quartz countertops, soft-close cabinets, and brand-new appliances. Enjoy energy-efficient features, ample storage, and a private backyard—all in a prime location near downtown. Don’t miss this exceptional opportunity!

Last Agent to Rent the Property

Jimmy Simien

Simien Properties License #0496553 Listed on: 01/07/2025

Co-Listed By

Sandra Emereonye

Next Trend Realty LLC License #0792593

Last Renter's Agent

Nonmls

Houston Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,301

Home Design

  • Duplex

Interior Spaces

  • 1,387 Sq Ft Home
  • 2-Story Property
  • Dishwasher
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Anderson Academy Elementary School
  • Drew Academy Middle School
  • Carver H S For Applied Tech/Engineering/Arts High School

Additional Features

  • 7,301 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 1/7/25
  • Long Term Lease

Community Details

Overview

  • Harvest Heights Subdivision

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit Required

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,558

Year Built

Built in 2024 | New Construction

Lot Details

0

Rental Info

  • Lease Term: Long Term
  • Available Date: 2025-01-07

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Lease
  • Building Stories: 2
  • Year Built: 2024
  • Lot Size Acres: 0.1676
  • Co List Office Mls Id: SIMI01
  • Co List Office Phone: 281-280-8675
  • Subdivision Name: Harvest Heights
  • Architectural Style: Duplex
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: Duplex
  • Property Sub Type Additional: Duplex,Multi Family
  • Pets No Pets Comments: PetDepositDescription:$200 non-refundable pet deposit per pet,PetDepositDescription: $40 Monthly Pet Rent
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:070-113-005-0003
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1387.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Disclosures: None
  • Lot Features: Other
  • Pool Private: No
  • Property Condition: New Construction

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Pets Allowed: Conditional, Pet Deposit

Schools

  • Elementary School: ANDERSON ACADEMY
  • Junior High Dist: 1 - Aldine
  • High School: CARVER H S FOR APPLIED TECH/ENGINEERING/ARTS
  • Middle Or Junior School: DREW ACADEMY

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2024
Sold by
De Novo Group Llc
Bought by
Elliott Jermaine
Current Estimated Value
$379,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,215
Outstanding Balance
$471,474
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
-$92,156

Purchase Details

Closed on
Dec 21, 2023
Sold by
Richard Michael J and Richard Lisa A
Bought by
De Novo Group Llc

Purchase Details

Closed on
Mar 6, 2014
Sold by
Kci Texas Investment Llc
Bought by
Richard Michael J and Richard Lisa A

Purchase Details

Closed on
Jun 8, 2011
Sold by
Glass Herbert J
Bought by
County Of Harris and City Of Houston
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elliott Jermaine -- None Listed On Document
Elliott Jermaine -- None Listed On Document
Elliott Jermaine -- None Listed On Document
Elliott Jermaine -- None Listed On Document
De Novo Group Llc -- None Listed On Document
De Novo Group Llc -- None Listed On Document
Richard Michael J -- None Available
Richard Michael J -- None Available
County Of Harris -- None Available
County Of Harris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Jermaine $476,215
Closed Elliott Jermaine $476,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2025 02/01/25 Rented $2,095 +10.6% --
01/31/2025 01/31/25 Under Contract -- -- --
01/20/2025 01/20/25 Price Changed $1,895 -3.1% $1 / Sq Ft
01/07/2025 01/07/25 For Rent $1,955 -- --
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,558 $397,557 $71,500 $326,057
2024 $1,558 $68,640 $68,640 --
2023 $1,558 $68,640 $68,640 $0
2022 $1,372 $57,200 $57,200 $0
2021 $727 $28,958 $28,958 $0
2020 $764 $28,958 $28,958 $0
2019 $594 $21,450 $21,450 $0
2018 $195 $13,585 $13,585 $0
2017 $152 $5,720 $5,720 $0
2016 $152 $5,720 $5,720 $0
2015 $152 $5,720 $5,720 $0
2014 $152 $5,720 $5,720 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Simien

    Landlord's Agent in 2025

    Jimmy Simien

    Simien Properties

    (281) 280-8675

    833 Total Sales

    Jimmy Simien
    Section Image

  • S

    Landlord's Co-Listing Agent in 2025

    Sandra Emereonye

    Next Trend Realty LLC

    Section Image

  • N

    Tenant's Agent in 2025

    Nonmls

    Houston Association of REALTORS

See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 50649929

Houston Association of REALTORS®

APN: 0701130050003

Texas Harris County Houston 77088 Acres Homes

8418 Observatory St Unit B, Houston, TX

Not Listed for Sale

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